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Turkey lays out Cop 31 ‘action agenda’
Turkey lays out Cop 31 ‘action agenda’
Houston, 21 September (Argus) — The head of the upcoming Cop 31 climate summit in Turkey wants the talks to result in new actions to toward electrification, energy efficiency and waste reduction. Cop 31 president-designate Murat Kurum on Monday unveiled new details of Turkey's "action agenda" for the summit, which the country hopes will lead to "measurable, implementable and bankable actions" by Paris Climate Agreement signatories. "We are positioning Cop 31 as an implementation Cop", Kurum said during a UN event at the start of New York Climate Week. The agenda, which he previewed in April, calls for action in four main areas. At the top of the list is a goal of increasing electricity to reach 35pc of global final energy consumption by 2035. It also calls for slashing the projected increase in municipal waste generation by more than half, reducing the energy intensity in buildings by 25pc and increasing the use rate of circular materials to 15pc, all by 2035 as well. If sufficient action is taken across all four areas, they have the potential to reduce global emissions by 8.5bn-10bn metric tonnes, according to Kurum. "This is a very remarkable number", he said. One issue the agenda does not directly touch on is finance, a fact that officials from developing nationals raised following the announcement. The agenda and the Cop must lead to a "meaningful increase in financial resources, technology and technical assistance supporting development in developing countries" said Fitsum Assefa Adela, planning and development minister for Ethiopia, which will host Cop 32. Kurum said a goal of the Cop agenda is to provide developing countries with the opportunity to pursue "green industrialization". Turkey separately launched its Antalya Pledge on AI, with the goal of getting countries to take steps to ensure artificial intelligence is developed in sustainable way but that the technology can also support the development of clean energy. "We must openly discuss AI's growing energy consumption and it is time for governments to start setting the terms", Kurum said. "We expect companies to be transparent about their energy use and to power their operations with clean energy. " IEA tomorrow will launch new report on electrification, looking at how to achieve the 35pc by 2035 goal. It also plans to release future reports related to Turkey's goals for Cop 31. By Michael Ball Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Trump eyes Belarus potash deal to undercut Canada
Trump eyes Belarus potash deal to undercut Canada
Houston, 21 September (Argus) — The US is pursuing a potash trade deal with Belarus that would offer competitive pricing compared with potash from Canada, President Donald Trump said in a social media post. The "massive" deal is expected to offer US buyers potash pricing that would be "significantly less" than what US customers are currently paying for Canadian potash, according to Trump. The post did not include any details related to the potential deal, but it comes as the US has intensified a trade war with Canada , and is seeking opportunities to strike back at Canada for counter-tariffs. Both Mosaic and Nutrien produce MOP in Canada, the origin of the lion's share of US MOP imports. Australian mining firm BHP is also expected to start production for the first stage of its 4.15mn t/yr Jansen project in Saskatchewan by mid-2027. Mosaic, Nutrien and Belarusian potash marketer BPC did not comment on the alleged Belarusian trade deal or its potential pricing competitiveness with Canadian tons. The first Belarus cargo of fertilizer to the US in four years , a 30,000 metric tonnes (t) cargo of MOP, is expected to arrive at New Orleans next month. It would mark the first potash trade between the two countries since US sanctions on Belarusian potash were lifted in December . Re-establishing US-Belarus potash trade would diversify US potash supply and reduce reliance on Canada, but Belarus cannot fully replace Canadian volumes. Canada supplied nearly 90pc of US potash imports, or around 11.2mn t, in 2025, according to GTT data. Belarusian MOP has not touched US soil since February 2022, whereas 635,000 t/yr of Belarusian MOP on average went to the country in 2017-21, GTT data shows. Belarusian president Alexander Lukashenko said that Belarusian supply was tight and Belarus could not supply large volumes to the US this year as most of its product is already contracted, according to Belarusian state news agency Belta. Nutrien's current US Midwest offer for granular MOP is $410/st fob, and is considered to be mostly in line with other sellers. By Taylor Zavala Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Australia climate target achievable with renewables: PM
Australia climate target achievable with renewables: PM
Edinburgh, 21 September (Argus) — Australian prime minister Anthony Albanese said today his country's "ambitious" climate target is "achievable" thanks to its "abundant renewable potential firmed by gas". Australia has committed to cut emissions by 62-70pc by 2035 compared with 2005 levels. "Electrification is the way to reduce emissions while maintaining economic growth," Albanese said at the opening of New York climate week, adding the country is backing global efforts for electrification. Australia will preside over official negotiations at the upcoming UN Cop 31 climate summit in Turkey. Cop 31 climate summit president-designate Murat Kurum, who will oversee the summit's action agenda, has proposed a target increasing global electricity's share of final energy demand to 35pc by 2035, from around 20pc today. The world remains off-track to meet the goal of tripling installed renewable capacity by 2030 set in 2023 at Cop 28 . Albanese said today that renewables accounted for half of Australia's electricity generation at the peak of last summer, compared with around a third four years ago. He said Australians have installed more than 500,000 home batteries in the past year and the country has enough wind and solar capacity to power 6mn households. The Australian Energy Market Operator (Aemo) recently lowered its near-term electricity supply risk assessment for eastern and southern Australia, as utility-scale storage and household battery capacity is growing. The pipeline of committed and anticipated projects in Australia has expanded to 40GW — more than half the National Electricity Market's (NEM) current total capacity, it said. And gas-fired power generation can play an important role in supporting reliability during extended periods of low wind and solar output, according to the operator. By Caroline Varin Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Turkish DAP market constrained by high prices
Turkish DAP market constrained by high prices
London, 21 September (Argus) — Turkish DAP imports have slumped this year as high international prices have eroded farmer affordability, while demand destruction across phosphates is likely to persist. DAP importers have largely remained on the sidelines since March, and arrivals in April-July this year were only 43pc of the average for the same period in the three preceding years, GTT data show. Importers do not expect the seasonal increase in DAP imports over September-October for the vegetable season to happen this year because global DAP prices are likely to remain above the domestic level. Turkish farmers have been reluctant to take on the increase in international levels this year, importers said during the Argus Fertilizer Caspian, Black Sea and Eastern European Markets conference on 17-18 September. The Argus Turkey domestic DAP assessment on a bagged fca basis has remained below replacement costs since the assessment was first published in March, Argus data show. The cfr price has even remained above the dollar equivalent of the bagged fca price since the start of June. Morocco supplied 57.7pc of Turkey's DAP imports in 2023-25. But since March, producer OCP has exported no DAP to Turkey via the port of Jorf Lasfar, Argus data show. DAP export prices have remained unworkable for Turkish importers since the first quarter. Instead of relying on imported DAP, Turkish farmers have turned to domestically produced volumes, mainly from manufacturers Toros or Eti Gubre. Argus Analytics expects Turkey's domestic DAP production to total 517,000t over 2026, broadly stable on the year. This output is likely to reflect the bulk of P2O5 availability in the market. Other farmers have turned to alternatives such as SSP, NPs and NPKs. But most importers and distributors report that total P2O5 application this year will be substantially reduced, and that farmers will skip applications for the vegetables season because of high prices. Turkey imported 397,000 t/yr of DAP over 2023-25, according to GTT data. DAP imports in the first quarter were 13.6pc down on the first-quarter average in 2023-25. The gap widened once global prices rallied when it became clear that the closure of the strait of Hormuz because of the regional war would last beyond March. The Argus DAP Turkey assessment moved from a midpoint of $716/t cfr at the start of the year to $813/t cfr in early March, and has remained above $900/t cfr since the start of June. By Adrien Seewald Turkish DAP imports ('000t) Turkish import Vs domestic DAP prices ($/t) Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
European Biomethane Markets
European Biomethane Markets















